RE: L2 Looking a bit scary!20 May 2019 12:45
I was just reading the Jinchuan MOU again. It was released back in October 2016, less than 3 years. Even I know that no long in terms of developing a mine. We have no reason to suspect Jinchuan are no longer an interested party. More likely that they have been instrumental in working through the options and trade offs present in the PFS.
We have been lead to believe sale is in the pipeline... and my money would be on Jinchuan. What the price will be and when its announced is anyone's guess.
(I could of course be completely wrong)
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''The first of several meetings held in our recent China visit, has already resulted in our successfully agreeing to, and in the signing of, the MOU with Jinchuan. The visit to their fully integrated facilities builds upon previous knowledge and discussions held in the past and during recent communications with the Group. Jinchuan possesses the full component of engineering requirements ranging from mining, ore concentration, transportation, smelting and refining primarily related to the production of nickel, copper, cobalt and PGM's, which is a significant factor for Amur. We are pleased to have entered into this Memorandum of Understanding which could well lead to a long-term cooperative venture with a recognised world leader in the nickel industry."